/ Conduct Index / True Ventures

True Ventures

Tier 1 Seed Fund · Seed · Pre-seed
A-

Excellent (A-) — Capital Conduct Grade

True Ventures is one of the founding modern seed-fund houses (founded 2005 alongside First Round). Founders Jon Callaghan and Phil Black built the firm on a 'founder-first' thesis. Strong founder-resource platform (True Platform). Term-sheet behavior consistently founder-favorable. Follow-on discipline excellent.

89
Composite / 100
/ Subscore Breakdown · 5 Dimensions

Where this grade comes from.

Term Sheet Honesty
A
Founder-Friendliness
A
Follow-On Discipline
A-
Exit Support
B+
Network Quality
A-
/ Public-Record Events

Key events & disclosures.

  • Founded 2005
  • Founding modern seed-fund category
  • True Platform founder-resource program
  • Multi-decade founder-first thesis

/ Best for

Pre-seed and seed founders prioritizing founder-first thesis and strong founder-resource platform.

/ Watch out for

Highly selective. ~$500K-$3M check size; founders needing larger seed rounds should structure multi-investor.